News stories about Lloyds Banking Group (NYSE:LYG) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lloyds Banking Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.1067504648017 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Lloyds Banking Group Plc : December 14, 2017 (finance.yahoo.com)
- Former FSA chief Sants denies pressurising Lloyds over HBOS (finance.yahoo.com)
- Ex-Lloyds Exec Lays Out ‘Frustration’ Over HBOS Financials (law360.com)
- Lloyds Banking Group plc (NYSE:LYG) – Stock’s Earnings Per Share (EPS) under Trader’s Radar – Nasdaq Journal (press release) (nasdaqjournal.com)
- Technical gives deep insight into Lloyds Banking Group plc (LYG) – Wall Street Morning (wallstreetmorning.com)
A number of research firms have weighed in on LYG. Zacks Investment Research raised shares of Lloyds Banking Group from a “sell” rating to a “hold” rating in a research report on Wednesday. UBS reissued a “buy” rating on shares of Lloyds Banking Group in a research report on Wednesday, November 29th. Goldman Sachs Group reaffirmed a “sell” rating on shares of Lloyds Banking Group in a research report on Wednesday, September 6th. BNP Paribas raised shares of Lloyds Banking Group from an “underperform” rating to a “neutral” rating in a research report on Monday. Finally, Macquarie downgraded shares of Lloyds Banking Group from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 29th. Seven investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. Lloyds Banking Group has an average rating of “Hold” and a consensus target price of $4.00.
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About Lloyds Banking Group
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
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